The Italian company Gewiss announces the acquisition of 75% of TVILIGHT, a renowned brand in the smart lighting sector for cities. This important strategic move represents a milestone in GEWISS’s growth path, expanding its portfolio and market presence in Italy and beyond. With this acquisition, GEWISS aims to leverage TVILIGHT’s extensive expertise to offer integrated solutions that combine lighting with advanced professional smart urban lighting control solutions. The synergy between the two companies is intended to stimulate innovation, improve customer experience and strengthen its competitive position in the global market.
“This acquisition is perfectly aligned with our vision of creating smarter, safer and more sustainable spaces. TVILIGHT’s excellence in smart lighting will enrich our portfolio and allow us to offer even more value to our customers. Together, we will shape the future of smart solutions,” said Fabio Bosatelli, President of GEWISS Group.
“We are proud to welcome TVILIGHT into our family. Their specialized expertise complements our strengths and paves the way for exciting opportunities for innovation and growth. Our combined resources and shared commitment to excellence will ensure a smooth transition for customers and partners, significantly contributing to the progress of the market,” added Paolo Cervini, CEO of GEWISS Group.
While TVILIGHT will maintain its independence, the integration with GEWISS represents a strategic opportunity to strengthen its international business and support the global network of partners in the implementation of smart street lighting solutions at the city level. The financial stability and resources of the GEWISS Group will provide the necessary support to accelerate TVILIGHT’s strategic development and expand its commercial presence globally.
“Joining GEWISS is a natural step in our journey. Their global reach, technology capabilities and automation leadership provide the ideal platform to strengthen our operations and bring greater value to our customers and partners worldwide. We are excited to begin this new chapter together,” explained Chintan Shah, Chairman of the Board of Directors, and Heide Jeuken, CEO of TVILIGHT.